409 Colville ST, Chattanooga, TN 37405
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409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
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$ 550,000
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409 Colville ST Chattanooga, TN 37405

4 Beds

3 Baths

2,083 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,083 sqft

Price per Sqft $264

Subdivision Colvilles Addn

MLS Listing ID 1536351

Bedrooms 4

Year Built 1912

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 32X113.25

Property Sub-Type Duplex

Source Greater Chattanooga REALTORS®

Property Description

Exceptional investment opportunity in one of Chattanooga's most sought-after neighborhoods! This North Shore duplex at 409 Colville St offers 2,083 sq ft of income-producing potential with strong fundamentals and turnkey condition. Currently generating $3,100/month in rental income with both units occupied.

The main level features a spacious 2 bed/2 bath unit plus office with in-unit laundry and charming front porch, and access to fenced in yard. Currently leased month-to-month at $1,850/month.
The upper level offers a 2 bed/1 bath unit with in-unit laundry, leased at $1,250/month through July 31st. Both units feature modern LVP and tile flooring throughout and separate entrances for privacy and convenience.

The fenced backyard includes a nice patio area perfect for tenants to enjoy outdoor living. This is a rare opportunity for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit while renting the other.

Prime North Shore location offers close proximity to Coolidge Park, vibrant Frazier Avenue dining and entertainment, the Riverwalk, and Normal Park Schools. This is a rare opportunity to own in one of the city's most dynamic and walkable neighborhoods. Whether you're building your rental portfolio or looking to move into the city, 409 Colville delivers location, income, and upside potential.

Location

State TN

County Hamilton

Area 0.2

Rooms

Basement Crawl Space

Interior

Heating Central, Natural Gas

Cooling Central Air

Fireplace No

Heat Source Central, Natural Gas

Exterior

Parking Features On Street

Garage Description On Street

Community Features Playground

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Level

Faces From downtown, cross the Market Street bridge, turn right onto Frazier, left onto Forrest, Right onto Colville. Triplex is on the left

Story Two

Sewer Public Sewer

Water Public

Structure Type Other

Schools

Elementary Schools Normal Park Elementary

Middle Schools Normal Park Upper

High Schools Red Bank High School

Others

Senior Community No

Tax ID 135d J 023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Investor


Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Donald L. Tindell Inc
Jennifer Jones

Jennifer Jones

Broker | License ID: 330369, 362343

+1(423) 400-6813

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409 Colville ST